Texas Pacific Land (TPL) executive compensation, 2025 proxy

Tyler Glover, President and Chief Executive Officer, was paid $7.4M in 2024, up 21% from $6.1M the year before. The CEO-to-median-employee pay ratio was 46:1, on median employee pay of $162,405.

Filed
September 26, 2025
Annual meeting
November 6, 2025
Pay year
2024
Named executives
3
CEO total pay
$7.4M+21% vs prior year
CEO to median employee
46:1median $162,405
CEO pay in equity
64%$4.8M in awards
CEO target bonus
100% of base salaryUnder employment agreement
CEO base salary
$850,000Annual base salary
CEO stock awards
$4,756,7942024 grant-date fair value
CFO total compensation
$4,049,8892024 reported total
General counsel total
$2,617,1182024 reported total

How Glover was paid

$7.4M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary11%Stock awards64%Non-equity incentive24%All other compensation0%

Named executive officers

ExecutiveTotal
Tyler GloverPresident and Chief Executive Officer$7,413,075
Chris SteddumChief Financial Officer$4,049,889
Micheal W. DobbsSenior Vice President, Secretary and General Counsel$2,617,118

What changed and why

  • $7.4M2024 CEO total compensation was $7,413,075, compared with $6,108,717 in 2023.
  • $4.8M2024 CEO stock awards were $4,756,794, the largest component of reported compensation.
  • $162K46:1 was the 2024 CEO-to-median-employee pay ratio, with median compensation of $162,405.
  • 2024 performance awards used relative total shareholder return and free cash flow metrics.
  • 100%100% of base salary was the CEO's target annual cash bonus under his employment agreement.
  • 2024 RSUs vest in one-third increments over a three-year period.

About this page

The figures were read out of the DEF 14A proxy statement on EDGAR by a language model and every number was then checked against the filing text; a figure that could not be found there is left out rather than shown. Totals follow SEC rules, which value stock and option awards at grant. Read the filing for footnotes and the compensation committee's full reasoning.

Texas Pacific Land (TPL) Executive Compensation: 2025 Proxy Statement | Gloomberb